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Futures Tumble On AI Spending Fears As Brent Hits 2 Week High
Futures Tumble On AI Spending Fears As Brent Hits 2 Week High
US equity futures are lower, dragged by tech, following a report that OpenAI missed revenue and user targets and there growing internal pushback against Sam Altman's notorious aggressive spending (the company has $1.5 trillion in commitment it won't be able to meet), which is hitting semiconductors and the broader supply chain. AS of 8:15am ET, S&P futures are down 0.7% and Nasdaq futures dropped 1.2% as concerns resurfaced over whether the vast amounts of investment in artificial intelligence will...
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May 24, 2026 / Tyler Durden
Zombie Home Foreclosure Numbers Increase In 38 US States
Zombie Home Foreclosure Numbers Increase In 38 US States
Authored by Naveen Athrappully via The Epoch Times (emphasis ours),
The number of residential zombie foreclosures in the second quarter of 2026 marginally increased from the previous quarter, with such foreclosures rising in the District of Columbia and 38 out of the 50 U.S. states, real estate analytics company ATTOM said in a May 21 statement.
Homes in Huntington Beach, Calif., on July 12, 2024. John Fredricks/The Epoch Times
"Out of the country's 104.9 million residential properties, 245,376 were in the foreclosure process in...
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Apr 8, 2026 / Tyler Durden
Iran Complains That US Already In Violation Of 10-Point Ceasefire, As White House Declares 'Total Victory'
Apr 29, 2026 / Dave DeCamp
US Launches at Least Two More Airstrikes in Somalia as Bombing Campaign Ignored by US Media
The US has launched at least two more airstrikes in Somalia as the escalated US bombing campaign continues to receive virtually no media coverage in the US. According to a press release from US Africa Command, its forces launched “airstrikes” against the ISIS affiliate in Somalia’s northeastern Puntland region on April 25 and April 26. […]
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